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May 15, 2024

Business Blog

Latest News

Salik Reports Q1 2024 Revenues of AED 562 million, Up 8.1% YoY

The Board of Directors of Salik Company PJSC (“Salik” or the “Company”), Dubai’s exclusive toll gate operator, chaired by His Excellency Mattar Al Tayer, Chairman …

BONDS

Dubai Mashreq Bank shareholders approve $1bln bond issuance

Shareholders of Dubai-based Mashreq Bank have approved a special resolution …

ALTERNATIVE ENERGY

Emirates Global Aluminium to supply solar aluminium to major parts maker HAI

Emirates Global Aluminium, the largest industrial company in the UAE …

Latest News

Abu Dhabi Police muster $30.22mln from largest charity auction

Supporting the 1 Billion Meals initiative on Zayed Humanitarian Day, …

Latest News

UAE’s AMEA Power wins contract to build two solar power projects in Morocco

The Moroccan Agency for Sustainable Energy (Masen) and the Ministry …

HEALTHCARE

NMC signs $11.2mln deal to renovate Riyadh Care Hospital

National Medical Care Company (NMC) has inked a contract to …

AIRLINES

Etihad to do week of intensive flight tests to reduce emissions

Etihad Airways, the national carrier of the UAE, is undertaking …

FINANCIAL SERVICES

Emirates NBD affirms position as regional leader in innovation

Emirates NBD, a leading banking group in the Menat (Middle …

BONDS

UAE to launch treasury bonds with auction size of $408mln

The UAE is set to launch next month its domestic …

HOSPITALITY

Dubai hotel occupancy rate tops pre-Covid levels in Q4

The occupancy rate of hotels in Dubai during the fourth …

Latest News

Dubai residents can now reduce water, electricity bills with new smart tool

The Dubai Electricity and Water Authority (Dewa) has introduced a …

Latest News

Abu Dhabi’s National Marine Dredging posts 146% rise in Q1 2022 net profit

Abu Dhabi-listed contractor National Marine Dredging Company (NMDC) recorded a …

FINANCIAL SERVICES

ADGM Academy, HRA, Banque Misr launch banking educational programme for Emiratis

Abu Dhabi Global Market Academy (ADGMA), the educational arm of …